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Frontera Energy Corp T.FEC

Alternate Symbol(s):  FECCF

Frontera Energy Corporation is a Canada-based oil and gas company. The Company is involved in the exploration, development, production, transportation, storage, and sale of oil and natural gas in South America, including related investments in both upstream and midstream facilities. The Company has a diversified portfolio of assets with interests in 27 exploration and production blocks in Colombia, Ecuador, and Guyana, and pipeline and port facilities in Colombia. The Company’s segments include Colombia, Ecuador, Guyana, Midstream Colombia, and Canada & Others. Colombia includes all upstream business activities of exploration and production in Colombia. Ecuador includes all upstream business activities of exploration and production in Ecuador. Guyana includes exploration and infrastructure. Midstream Colombia includes the Company’s investments in pipelines, storage, port, and other facilities relating to the distribution and exportation of crude oil products in Colombia.


TSX:FEC - Post by User

Comment by fishfanacticon Jan 27, 2023 7:14am
93 Views
Post# 35249642

RE:RE:RE:What a sight to behold

RE:RE:RE:What a sight to beholdSome information which may benefit holders of both cgx and Frontera. As I stated previously there are 183 exploration licenses in good standing and has been repeatedly told that they will be honored by Govt. What has also been revealed is the Minister of mines Veldez will be meeting with the Treasury Secretary Ocompo next week to discuss a report previously put out on the oil reserves in Colombia. Also present at that meeting will be representatives from EcoPetrol (Colombian owned 85 ) state oil company to discuss the accuracy of Colombia oil reserves. Treasury Ocompo realizes the benefits of the balance of payments generated by a healthy oil/mining sector. Colombia current production stands at around 747,000 b/d and EcoPetrol dividend is used to help fund Colombia's Universitys and social programs. As I have said before I think some moderation will occur or retrenchment will occur in comments made previously by Ms Veldez. Just a heads up for those interested. If I see any changes will definitely post that info. Have a great day everyone. And Kelvin...Gracias Amigo..the tuna sounds delicious!
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